UPS News Updates

Business

UPS Teamsters to Vote Again on Rejected Agreements

Teamsters at UPS Inc. will vote again starting Sept. 18 on seven of the 17 supplemental agreements that were rejected in June when the national master agreement was approved, the union has announced.

September 9, 2013
Business

UPS to Buy Two Costa Rican Freight Companies

UPS Inc. has agreed to buy two Costa Rican freight companies, a parcel carrier and freight broker, that it said will improve the ability of customers both inside and outside the country to ship.

September 4, 2013
Business

UPS Cargo Plane Crashes in Alabama

A UPS Inc. cargo aircraft crashed outside of Birmingham, Ala., Wednesday morning, killing the plane’s pilot and co-pilot, news reports said.

August 14, 2013
Business

UPS Opens Two Distribution Centers in China

UPS Inc. said Tuesday it has opened two new distribution centers in China, increasing access to developing rural and urban areas.

August 13, 2013
Business

UPS Profits Dip 4% to $1.07 Bln. on Slumping International Freight

UPS Inc.’s second-quarter net income fell 4% to $1.07 billion from a year earlier, weighed down, company officials said, by slumping international freight forwarding and some customer hesitation to make package shipping commitments during Teamsters union contract talks.

July 29, 2013
Business

UPS’ 2Q Earnings Dip

UPS Inc. said Tuesday that its second-quarter earnings dipped from a year ago, and the company predicted its earnings would rise by 4% to 13% in the second half of the year.

July 23, 2013
Business

UPS Cuts Full-Year Earnings Forecast

UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.

July 12, 2013
Business

UPS, Teamsters Agree to Extend Contract While Supplements Negotiated

UPS Inc. and the Teamsters union agreed to extend their contract that had been due to expire July 31 to allow more time to resolve rejected side agreements to the master contract that was passed by a narrow margin.

July 1, 2013
Business

UPS Launches Service for High-Value, Temperature-Sensitive Shipments

UPS Inc. launched a service to help ensure that high-value time and temperature-sensitive shipments reach their destinations on time.

June 28, 2013
Business

UPS to Purchase 285 Natural-Gas Powered Trucks in 2014

UPS Inc. said it will purchase 285 more natural-gas powered trucks in 2014 for its small-package delivery business, Bloomberg News reported.

June 27, 2013